Q3 2024 - Lifco AB - Full Analysis
Puts and takes on relative profitability, and higher Contract Manufacturing activity
The leading Swedish serial acquirer, Lifco AB, reported Q3 results this morning. We shared a brief preview two weeks ago to describe the general trends from 1H that we expected to remain unchanged.
And that’s pretty much what the Q3 report revealed, although there were some puts and takes on relative profitability, organic growth, M&A mix effects, and operating cash flow.
Let’s take a closer look.